PPP Loan information for Blk electric inc

$833,300

Blk electric inc was initially approved for PPP Loan of amount $833,300, the current approved amount is $833,300. The loan was approved on 04/04/2020 by The United Prairie Bank reported 54 jobs and $833,300 was used to fund payroll.

Blk electric inc is Existing or more than 2 years old

PPP Loan Search / MN / NORTH MANKATO / Blk electric inc

BLK ELECTRIC INC

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

BLK ELECTRIC INC

Borrower Address

1990 LOOKOUT DR

Borrower City

NORTH MANKATO

Borrower State

MN

Borrower Zip

56003-1705

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

833300.00

Current Approval Amount

833300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38650

Servicing Lender Name

United Prairie Bank

Servicing Lender Address

1141 Third Ave

Servicing Lender City

MOUNTAIN LAKE

Servicing Lender State

MN

Servicing Lender Zip

56159-1594

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORTH MANKATO

Project County Name

NICOLLET

Project State

MN

Project Zip

56003-1705

CD

MN-01

Jobs Reported

54

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

833300.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

38650

Originating Lender

United Prairie Bank

Originating Lender City

MOUNTAIN LAKE

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

839555.46

Forgiveness Date

01/13/2021

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